Submit
Feedback

General

Industry

Real Estate

Category

Brokerage Services

Works with Franchise Brokers

No

Year of Founding

1979

Fees

Marketing Fee

0.5%

Royalty Fee

6%

Franchise Fee

$0-$25,000

Investment Range

$25K-$459K

Location units

Total U.S. Locations

1902

U.S. Franchised Units

1902

U.S. Corporate Units

N/A

Headquarters (City)

Madison

Other

Item 19 - Franchise Financials

No

E-2 Visa Eligibility

No

Started Offering Franchises

1995

Issuance of FDD Data

03/30/2022

Key Indicators

Unlock premium content

Franchise Payback Period (Years)

Owner Salary / Compensation

Average Unit Volume (AUV)

Franchise Cost

$25K-$459K

Franchise Fee

$0-$25,000

What to know about Century 21 franchise?

Century 21 is a franchise real estate brokerage service provider. It offers a wide range of services that helps people buy, sell, or rent properties. The company has a global reach and offers its services in more than 70 countries. In addition to its franchise real estate brokerage services, Century 21 also provides other services such as property management, mortgage, and insurance services. The company has a team of experienced and knowledgeable real estate agents that are dedicated to providing the best possible service to their clients. Century 21 offers franchisees a wide range of real estate brokerage services. The company has a team of experienced and knowledgeable agents that are dedicated to providing the best possible service to their clients. Century 21 is committed to helping franchisees fulfill their real estate dreams and goals. The company provides franchisees with access to its global network of resources and support. franchisees can also benefit from the company's vast experience in the real estate industry.

Century 21 is based in Madison, NJ. Scroll down to learn more!

How much does a Century 21 franchise cost?

Are you wondering how much is a Century 21 franchise? Before starting a Century 21 franchise, it is important to know the franchise fee, working capital and other costs required to start the business.

The minimum investment amount required to open a Century 21 franchise is $24,700 and can go all the way up to $459,250. Keep in mind, you should also allocate additional funds to live off of while the Century 21 business ramps up. This can take as little as 6 months to over 2 years depending on the franchise opportunity. You should speak to at least 5 Century 21 franchisees to understand the true cost of opening the franchise and how long it takes to: 1) start a Century 21 business 2) pass break even 3) hit significant income.

After (and if) you pass the point of earning significant income from your Century 21 franchise, there may be enough margin to hire a day-to-day manager and work less hours in the business.

Franchise Net Unit Growth

Industry Report Request

Download our guide to compare Century 21. Hotels to the Brokerage Services, Outdoor Real Estate industry.

Franchise Data

Year Start of Year Units Opened Units Closed End of Year
2016 2204 118 106 2216
2017 2216 126 104 2231
2018 2231 85 144 2172
2019 2172 60 143 2089
2020 2089 73 197 1965
2021 1965 64 127 1902

Additional Details

How much does a Century 21 franchise owner make?

Century 21 franchise earnings and revenue can vary significantly from one franchisee to another.
The Century 21 franchise owner profits can be influenced by labor costs, lease rates, hours worked as well as other factors.

Century 21 unfortunately does not disclose financials on how much Century 21 franchise owners make. This means they do not disclose sales or earnings for franchisees operating in the U.S.

Every franchisor is required by law to disclose income statements and balance sheets for how the franchisor is performing but not for the franchisee level. Unfortunately, Century 21 does not make it easy to understand franchisee financial performance. This can be seen as a red flag and it is important to be that much more diligent in your conversations with Century 21 franchisees. Do note that Century 21 is not alone as about 40% of franchises do not disclose franchisee financial performance.

At Vetted Biz, we suggest you to speak with 5 to 10 Century 21 franchisees to understand how much money they are making from their Century 21 business.

You should also speak to former Century 21 franchisees to understand why they left the system. Did they sell their Century 21 at a profit? Were they forced to close their Century 21 franchise down because it kept losing money?

What is the Century 21 franchise fee?

Owning a Century 21 franchise requires 6% royalty fee and 0.5% marketing fee. These two expenses represent the main ongoing costs you can expect to pay the franchisor throughout the franchise relationship. There may be other ongoing fees disclosed in the Century 21 Franchise Disclosure Document

Keep in mind, there is also an initial Century 21 franchise fee of $0 that is included in the initial investment amount of $24,700 to $459,250. Depending on the franchise agreement you sign, you might have to pay the full franchise fee again if you decide to extend the Century 21 franchise relationship. Consult with a licensed franchise attorney to understand exactly what you receive for paying the Century 21 franchise fee of $0.

Visit the Century 21 metrics tab to explore the financials for this business, royalty and marketing fees compare to other Real Estate franchises. You can also compare these fees for 2,000+ franchises currently offered in the U.S.

When was Century 21 founded?

Century 21 started offering franchises in 1995. Century 21 was founded 43 years ago in 1979.

At Vetted Biz, we recommend franchises have 3-5 corporate locations and 5+ years of experience before offering a franchise. There needs to be proof that the business model works and is replicable before offering the franchise to other!

How many Century 21 locations are in the U.S.?

As of 2022, there were 1902 locations across the U.S. There are also corporate locations. Most Real Estate franchises like Century 21 have more franchised locations than corporate locations.

How many Century 21 franchises opened over the past few years?

Over the prior 3 years we have data for, Century 21 has opened 197 outlets throughout the U.S. Visit the Century 21 metrics tab to explore how the openings compare to other Real Estate franchises.

How many Century 21 franchises closed over the past few years?

Over the prior 3 years we have data for, Century 21 has closed 467 outlets throughout the U.S

Visit the Century 21 metrics tab to explore how the openings compare to other Real Estate franchises.

Is Century 21 growing? Are they opening more locations than they are closing?

The net unit growth rate for Century 21 over the past 3 years is -12%. Over the last year we have data for, Century 21 had a net unit growth rate of -3%.

Without a comparison, this number doesn’t mean much. Compare how the Century 21 growth rate compares to 2,000+ other franchises and Industry franchises like Century 21. More info in the Century 21 metrics tab.

Is Century 21 franchise eligible for an SBA Loan?

Century 21 is eligible for SBA loans including the 7(a) loan. To find out more about the SBA loan program for franchising click here.

Century 21 franchise was assigned the SBA Franchise ID of S2140 on 10/01/2017. This DOES NOT mean the SBA endorses this franchise. The SBA Franchise Directory will only include business models like Century 21 that are reviewed and found eligible under SBA’s affiliation rules and other eligibility criteria. Currently, there are over 7,000 franchise opportunities that the SBA has deemed eligible for SBA financing.

Is Century 21 a franchise in the United States?

According to the SBA, Century 21 meets the Federal Trade Commission (FTC) definition of a franchise. The FTC Franchise Rule requires franchisors to provide all potential franchisees with a disclosure document (FDD) containing 23 items about the franchise, its officers, and other franchisees. Be sure that Century 21 provides you with an FDD if you are in discussion to buy a Century 21.

What is the Century 21 Franchise for Sale Rate?

The Century 21 systemwide health and franchisee satisfaction can be measured by the Century 21franchise for sale rate. The franchise for sale rate is calculated by the percentage of units transferred to new franchisees and reacquired by franchisor.

Century 21 franchise for sale rate over the past 3 years is 10%. Over the last year we have data for, Century 21 had a franchise for sale rate of 5%.

Without a comparison, this number doesn’t mean much. Compare how the Century 21 franchise for sale rate compares to 2,000+ other franchises and Industry franchises like Century 21. More info in the Century 21 metrics tab.

What is the Century 21 Franchise Failure Rate?

Century 21 franchise failures comprise franchise terminations, franchise non-renewals, and franchises that ceased operations for other reasons. The failure rate is one of the most important franchise metrics to consider when investing in a franchise!

Century 21 failure rate over the past 3 years is 25%. Over the last year we have data for, Century 21 had a franchise failure rate of 7%.

Without a comparison, this number doesn’t mean much. Compare how the Century 21 franchise for sale rate compares to 2,000+ other franchises and Industry franchises like Century 21. More info in the Century 21 metrics tab.

How can I find out more details on Century 21 franchise?

Visit the Century 21 metrics tab to explore franchise profitability, industry comparables and more. Become a Vetted Member today today for exclusive access on this franchise opportunity!

Take Our Quiz

Investment Midpoint

The average of the low and high range of the investment amounts calculated from the most recently available Franchise Disclosure Document

Century 21

$241,975

Industry median

All franchises median

Unlock premium content

Royalty Fee

The median royalty fee from the Franchise Disclosure Document

Century 21

6%

Industry median

All franchises median

Unlock premium content

Franchise Fee Midpoint

Payment that the franchisee must pay to the franchise owner in order to start a franchise.

Century 21

$12,500

Industry median

All franchises median

Unlock premium content

Item 19 – Financial Performance Representations

Historical financial performance representations

Unlock premium content

Franchise Financials

Franchisor company financial information and financial performance representations, if disclosed by the franchisor.

Unlock premium content

General

Industry

Real Estate

Category

Brokerage Services

Works with Franchise Brokers

No

Year of Founding

1979

Fees

Marketing Fee

0.5%

Royalty Fee

6%

Franchise Fee

$0-$25,000

Investment Range

$25K-$459K

Location units

Total U.S. Locations

1902

U.S. Franchised Units

1902

U.S. Corporate Units

N/A

Headquarters (City)

Madison

Other

Item 19 - Franchise Financials

No

E-2 Visa Eligibility

No

Started Offering Franchises

1995

Issuance of FDD Data

03/30/2022

Detailed Franchise metrics for Century 21

Detailed Franchise Metrics are metrics calculated and reviewed by Vetted Biz. You can find the available metrics for Century 21 below. “N/A" or Not Applicable results mean that there is not enough data available to compute a precise rate or that the result is not mathematically computable. When results are not mathematically computable, you should pay attention to the absolute values (#) instead of the percentage rate itself.

Growth Rate

The percentage change of total franchise units from one year to the next by franchisor.

 

1 year

3 years

Century 21

-6%

-12%

Industry median

All franchises median

Unlock premium content

Franchise for Sale Rate

The percentage of units transferred to new franchisees and reacquired by franchisor.

 

1 year

3 years

Century 21

2%

10%

Industry median

All franchises median

Unlock premium content

Net Unit Growth (most recent year)

Net Unit Growth (3 years)

Failure Rate

Franchise failures comprise franchise terminations, franchise non-renewals, and franchises that ceased operations for other reasons.

 

1 year

3 years

Century 21

7%

25%

Industry median

All franchises median

Unlock premium content

Business details

Website

http://www.century21.com/

Business email

m***************@century21.com

Mailing address

175 Park Avenue

State headquarters

New Jersey

Contact Name

Century 21

Phone

+1 (000) 0********00

City

Madison

Zip code

07940
Name Email State City Zip Code

Filters

State:


City:


You May Also Be Interested In
View More >
Real Estate
Century 21
Investment range
$25K-$459K
Founding year
1995
Total U.S. Units
1902
Learn More
Real Estate
HomeVestors of America
Investment range
$80K-$390K
Founding year
1996
Total U.S. Units
1153
Learn More
Real Estate
Keller Williams Realty
Investment range
$182K-$336K
Founding year
1995
Total U.S. Units
811
Learn More
Real Estate
Exit
Investment range
$63K-$212K
Founding year
1997
Total U.S. Units
585
Learn More

Your Suscription has expired!

Looks like your subscription is due. Please renew to keep using our services.

Share link

Or

Downgrade subscription

You are going to downgrade your subscription.This action will proceed the difference in cost of plans and reset subscription period after moneyback.

Vetted Member $79/month

Simple Start Free

Upgrade subscription

You are going to upgrade your subscription.This action will proceed the difference in cost of plans and reset subscription period after moneyback.

Simple Start Free

Vetted Member $79/month

Cancel subscription

You’re about to cancel your subscription. Please confirm by clicking on the “Cancel Subscription” button below.

Performing this action will delete your account.

Plan Updated

Your current subscription plan is:

Vetted Member $79/month

Support Form

Please fill out the form below with any technical issues, questions or feedback you might have.